Income Tax Return Processing AY 2024-25: Over 6.58 crore income tax returns (ITRs) have been filed so far for the Assessment Year 2024-25, according to latest update shared by the Income Tax Department on Wednesday. Over 5.53 crore ITRs have been verified and...
The CBDT has extended the income tax audit report submission date to 7th October 2024 from September 30, 2024. Read CircularDownload Tax Audit SoftwareRevised & Belated ITR Due Dates for AY 2024-25The due date for filing a revised and belated income tax return for AY 2024-25 is before thr...
The deadline to submit your income tax return for 2024-25 has been extended to November 15, 2024, for audit cases. Read Circular The CBDT department has decided to replace the Excel and Java Versions of ITR Utilities with the JSON Utility for ITR-1 & ITR-4, which will be applicable fo...
Income tax return filing due dates for 2023-24 (unless extended) are as follows: The due date for individuals/HUF/AOP/BOI is 31st July 2024. For businesses that require auditing, the due date is 31 October 2024. For businesses that require the transfer of pricing report, the due date is...
Due Date for Revised/Belated Return of Income for FY 2023-24: December 31, 2024. Note on "ITR date extension":The Central Board of Direct Taxes (CBDT) extended the deadline for corporates to file their income tax returns for the Assessment Year (AY) 2024-25 from 31st October 2024 to15...
Income tax department gives big relief, last date for filing SFT return extended INVC NEWS New Delhi – : The Income Tax Department has provided a significant relief to banks, foreign exchange dealers, and other reporting entities by extending the last date for ...
By October 15, 2024, extended individual tax returns must be filed if an extension was requested. The April 15, 2024, Tax Returns Due Date: What Does It Mean for You? April 15, 2024, is the due date for filing individual income tax returns and making tax payments for the 2023 tax ...
until October 15, 2024, to file your return. If you’re expecting a refund, it will not be processed until once you have completed your tax filing. If you think you owe, the estimated amount of taxes due will need to be paid to the IRS by the ...
A tax return submitted by the prescribed due date is deemed to be an assessment made on the taxpayer on the date of submission (deemed assessment). The IRB is allowed to issue an additional assessment, if it thinks that the original assessment is not sufficient, within 5 years (or 7 years...
In an attempt to give relief to income taxpayers, the ITR due date extended by the central government. Income tax e-filing 2020-21 (AY 2020-21) has been extended to 30th November, 2020 instead of 31st July, 2020. Hence the IT Return which was to be filed by 31st July & 31st October...